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Investment fund Black Sea Fund I is acquiring the majority stake in oral radiology and dentistry techniques clinics DigiRay.
Romania's antitrust body on Tuesday approved the deal whereby oil and gas company OMV Petrom (SNP.RO) seeks to outsource operations and services to the consortium Dietscon O&M S.R.L. (leader), Dietsmann S.R.L., Dietsmann Safety and Environment Services S.R.L. and Confind S.R.L. (Dietscon consortium) and to Bonatti association SpA, Bucharest branch (leader) and Bonatti RO PARMA S.R.L.
Allianz-Tiriac, the second largest insurer on the Romanian market, reported gross underwritings totaling over RON1 billion in January-September 2020, down 2.5% on the year, due to the coronavirus impact on the automotive market and tourism, according to company representatives.
Corporate bonds issued by Agroserv Mariuta, the dairy processor of Laptaria cu caimac, started trading Tuesday on the Bucharest Stock Exchange's multilateral trading system under the ticker symbol MILK25E.
KMG International recently opened a new Rompetrol filling station in Georgia, in the Borjomi municipality, in line with the new concept of filling stations in Romania, Moldova and Bulgaria.
German discount fashion store chain Kik has grown to 54 stores in Romania after having opened 17 in several cities of the country during the pandemic.
French-held Orange group, one of the largest actors in the world’s communications industry, plans to make significant investments in Romania in the next few years, having allocated EUR268 million to buy the former Romtelecom from Germany’s Deutsche Telekom to expand fixed and mobile networks and become a force to be reckoned with on the fixed-mobile services market.
Romania's gross domestic product fell 6% on the year in real terms in the third quarter, a breakdown reading from the country's statistics board showed Tuesday.
Biscuit manufacturer Croco, one of the largest in this business in Romania, has completed a EUR6 million investment in boosting production capacity and diversifying its product range and hired 60 new people for a total of almost 500, owner Damian Mereu says.
Romanian prime minster Ludovic Orban said Monday he has decided to resign as head of government, ahead of negotiation for a new Cabinet after Sunday's parliamentary elections.
Banks in Romania granted new loans to households and companies totaling RON67.42 billion in the first ten months of 2020, accounting for nearly a quarter of total private lending stock at the end of October.
2Performant, a Romanian technology company specialized in e-commerce and digital marketing, will start trading its shares Wednesday, December 9, under the ticker symbol 2P on the alternative trading system AeRO of the Bucharest Stock Exchange.
Bonds issued by Agroserv Mariuta, the dairy processor Laptaria cu Caimac, will start trading on the Bucharest Stock Exchange Tuesday, December 8, under the ticker symbol MILK25E.
German discount chain Lidl is expanding its Romanian network, by opening two new stores in the town of Siret (Suceava County) and the town of Gheorgheni (Harghita County), respectively, on December 10.
Insurance company Euroins Romania, held by Bulgarian Eurohold Group, reported gross underwritings of 402 million Bulgarian levs (nearly RON1 billion) in January-September 2020, 4% higher than 386 million levs (RON961 million) in the same period of 2019, per a report of Eurohold Group.
Romania's finance ministry on Monday rejected all bids at a tender where it planned to raise 300 million lei (EUR61.5 million) selling bonds maturing in October 2034, central bank data showed.
Real estate consulting firm Cushman & Wakefield Echinox was appointed to provide property management services for the Tiriac Tower office building in Bucharest’s Victory Square, starting October.
Nova Power & Gas and Electrogrup, members of E-INFRA group, said Monday they started works on a power plant fueled by natural gas, a EUR7 million investment in Campia Turzii, Cluj county.
Elefant.ro, one of the largest online retailers on the Romanian market, managed by the company Elefant Online, announced that, starting December 7, its customers can pick up the products ordered at the post offices operated by the national postal operator Posta Romana, following a partnership concluded recently between the two companies.
PwC Romania announced Monday that Anda Rojanschi would become Partner in the Tax and Legal Services Department, starting January 1, 2021.18948 items